Are Centralized Exchanges the Way to Go?

It goes without saying that exchanges command significant influence over the cryptocurrency market, being the exclusive portals for fiat into the world of blockchain. Exchanges are also the most significant winners of the cryptocurrency craze, and bank billions by raking in fees and maintaining custody over sizeable crypto wallets comprised of their own funds but also […]

Collapsed Cryptopia Founder Wants You to Put Funds on His New Exchange

Because there are, apparently, second acts in crypto, the creator of the defunct Cryptopia exchange is trying again with a new exchange product called Assetylene. The exchange, which touts itself as “New Zealands most advanced crypto trading platform,” is run by Adam Clark, the former founder and programmer for Cryptopia. Cryptopia went into liquidation on […]

Watch Out! $375,000 of Cryptopia’s Stolen Ether on the Move

By CCN: Whale Alert, an account which automatically and manually notes large crypto transfers for Twitter followers, stated this morning that slightly more than $250,000 of stolen Cryptopia ether moved today. $250k Parked, $125k Moved to EtherDelta 1,000 ether moved to 0x7d90b19c1022396b525c64ba70a293c3142979b7, an address which holds no other tokens. Roughly the same amount of ether […]

ETH Stolen From Crypto Exchange Cryptopia Moved, Portion Deposited on Exchange

A portion of the ether (ETH) stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia has been moved and deposited to a different crypto exchange, according to an analysis. Crypto Anti-Money Laundering startup Coinfirm tweeted about their findings on May 20. According to Coinfirm, 30,790 (over $7.778 million) of the stolen ether has been reportedly moved […]

Debt-Ridden Crypto Exchange Cryptopia Suckers Hacked Customers Again

By CCN: Users of the New Zealand-based bitcoin exchange Cryptopia should expect more uncertainty in the coming months. In an update released earlier today following the announcement that it had gone into liquidation, Cryptopia has warned users that they may not get all their funds back, if at all. Per the exchange, an investigation is […]

Ethereum (ETH) Bulls Rebuff Cryptopia Liquidation, Race to $450?

Ethereum (ETH) up 16.8 percent Cryptopia liquidates after Jan 2019 loss Behind today’s 16.8 percent surge of Ethereum (ETH) prices are supportive fundamentals. Sources indicate that the CFTC is warming up to the idea of ETH derivatives and heavyweights are gravitating towards Ethereum. That is supporting prices, countering sell pressure emanating from Cryptopia liquidation. Ethereum […]

Troubled New Zealand Exchange Cryptopia Goes Into Liquidation

Things went from bad to worse for the beleaguered cryptocurrency exchange Cryptopia when it came to light that it had been placed in liquidation after its failed attempts to restart the business. This according to a report by NZ Herald, May 15, 2019. Another One Bites the Dust Barring a few large cryptocurrency exchanges like […]

Does Cryptopia’s Failure Show Decentralized Exchanges are Crypto’s Future?

New Zealand exchange Cryptopia has gone into liquidation. Yesterday, rumors of another hack were circulating after users were unable to access the website. However, this morning, an announcement made on their Twitter account declared the company had ceased trading. Taking this into account, is now the time to start using decentralized exchanges? Cryptopia Limited appoints […]

Bitcoin Exchange Cryptopia Begins Liquidation After $15 Million Hack

By CCN: It may not have sounded the death knell immediately but the January hacking of New Zealand-based cryptocurrency exchange Cryptopia changed everything forever. Now the crypto exchange which lost NZD$ 23 million (approximately $15 million) in the security breach five months ago has appointed liquidators. Cryptopia Limited appoints Grant Thornton as Liquidators – https://t.co/A35rq1Jls3 […]

Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has gone into liquidation and suspended trading operations. The news was announced Wednesday by Cryptopia’s assigned liquidator, professional services firm Grant Thornton New Zealand. Cryptopia confirmed the news on Twitter, as well as on its website. Possibly signaling changes afoot, Cryptopia website went under maintenance […]